134 Palm Street
134 Palm Street
$650,000
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Description
You now have an unbelievable chance to become the owner of this two-unit multi-family property! Spacious bedrooms, large living rooms and $4,000/month in rental income are just a few of the highlights. When you walk into each unit you are greeted with a large living room area. Couple steps down and you walk into your open concept kitchen and dining room area. Down the hall you will walk past two generously sized bedrooms to enter the large master bedroom with an accompanying master bathroom. Not...You now have an unbelievable chance to become the owner of this two-unit multi-family property! Spacious bedrooms, large living rooms and $4,000/month in rental income are just a few of the highlights. When you walk into each unit you are greeted with a large living room area. Couple steps down and you walk into your open concept kitchen and dining room area. Down the hall you will walk past two generously sized bedrooms to enter the large master bedroom with an accompanying master bathroom. Not to mention this property is currently generating $4,000/month in rental income from just one of the units! While still having room for an owner-occupant to move into the renovated second floor unit. Situated in a prime location, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 15 minutes from Newark Penn Station. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
- Listed by ALNAZIR BLACKMAN • SIGNATURE REALTY NJ
Property Details for 134 Palm Street
Directions
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Days On Market17
Location
LISTING UPDATED: 05/30/2024 08:39 AM
Property Details for 134 Palm Street
Status | Active |
---|---|
MLS # | 3901411 |
Days on Market | 20 |
Taxes | $8,115 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 2003 |
Lot Size | 0.06 AC / 2,613 SF |
County | Essex County |
Location
Building Information for 134 Palm Street
Stories-Residences2Year Built2003Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$4,224 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 134 Palm Street
Property History for 134 Palm Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 134 Palm Street
Taxable ValueLand$16,300Additions$201,400Total$217,700
Tax Record2022$8,133 ($678 / month)
Home Facts
Beds0Total Finished SqFt2,558 SqFtAbove Grade Finished SqFt2,558 SqFtLot Size2,500 SqFtStyleSingle Family ResidenceYear Built2003CountyESSEXAPN14 04199-0000-00143
Schools near 134 Palm Street
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 12 | |||
Public - | K to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Lincoln Elementary School PublicPK to 8 | ||
Newark Early College High School Public6 to 12 | ||
Speedway Academies PublicK to 8 | ||
Ivy Hill Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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